Handbook of Risk Management in Energy Production and Trading

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  • Engels
  • Hardcover
  • 9781461490340
  • 27 november 2013
  • 505 pagina's
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Samenvatting

This book presents an overview of the risks involved in modern electricity production, delivery and trading, including technical risk in production, transportation and delivery, operational risk for the system operators, market risks for traders, and political and other long term risks in strategic management.



This book presents an overview of the risks involved in modern electricity production, delivery and trading, including technical risk in production, transportation and delivery, operational risk for the system operators, market risks for traders, and political and other long term risks in strategic management. Using decision making under uncertainty as a methodological background, the book is divided into four parts, with Part I focusing on energy markets, particularly electricity markets. Topics include a nontechnical overview of energy markets and their main properties, basic price models for energy commodity prices, and modeling approaches for electricity price processes.

Part II looks at optimal decisions in managing energy systems, including hydropower dispatch models, cutting plane algorithms and approximative dynamic programming; hydro-thermal production; renewable; stochastic investments and operational optimization models for natural gas transport; decision making in operating electricity networks; and investment in extending energy production systems.

Part III explores pricing, including electricity swing options and the pricing of derivatives with volume control. Part IV looks at long-term and political risks, including energy systems under aspects of climate change, and catastrophic operational risks, particularly risks from terrorist attacks.

Productspecificaties

Inhoud

Taal
en
Bindwijze
Hardcover
Oorspronkelijke releasedatum
27 november 2013
Aantal pagina's
505
Illustraties
Nee

Betrokkenen

Hoofdredacteur
Raimund M. Kovacevic
Tweede Redacteur
Georg Ch. Pflug
Co Redacteur
Maria Teresa Vespucci
Hoofduitgeverij
Springer

Overige kenmerken

Editie
2013 ed.
Extra groot lettertype
Nee
Product breedte
155 mm
Product lengte
235 mm
Studieboek
Nee
Verpakking breedte
156 mm
Verpakking hoogte
29 mm
Verpakking lengte
230 mm
Verpakkingsgewicht
438 g

EAN

EAN
9781461490340

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